Albaraka Turk Katilim Bankasi A.s. · BIST:ALBRK
Albaraka Turk Katilim Bankasi A.s — Albaraka Türk Katılım Bankası A.Ş. — Q4 2021 Earnings Presentation
20 slides from Albaraka Turk Katilim Bankasi A.s's earnings presentation, Feb 28, 2022
Slide 1: Q4'2021 Investor Presentation
Q4’2021 Investor Presentation Albaraka Türk Participation Bank 28 Feb 2022
Slide 2: Agenda
Agenda 1 Financial Highlights 2 Market Comparison 3 Appendix
Slide 3: Albaraka Turk – Q4'21 At a Glance
3 3 Albaraka Turk – Q4’21 At a Glance Balance Sheet Key Ratios (Million TRL) Q4’20 Q4’21 YoY(%) % Q4’20 Q4’21 YoY (bps) Total Assets 69.316 108.955 57,2 Total Funded Credits (Net) 40.583 56.957 40,3 CAR 13,51 14,90 139 Total NPLs 2.045 3.783 85,0 Deposits (incl. Interbank) 51.613 91.237 76,8 Tier 1
Slide 4: Q4'21 Main Highlights (Million TRL)
6 4 Q4’21 Main Highlights (Million TRL) Total Assets Total Funded Credits Total Collected Funds Equity 108.955 4.627 91.237 83.732 4.091 4.091 79.049 4.044 4.061 74.658 69.316 66.738 61.706 55.929 56.937 51.613 46.081 46.833 40.583 43.317 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 C
Slide 5: Asset Composition
57 5 Asset Composition Composition of Total Assets (Q4’21) Liquid Assets (Million TRL) Other Assets; Liquid Assets % of Total Assets 2,8% 37,5% 33,4% 33,6% 34,7% 31,8% Funded Cash and Cash Credits; Equivalents; 52,3% 29,1% 23.180 25.050 25.103 29.035 40.872 Securities Portfolio; Q4'20 Q1'21 Q2'21 Q3
Slide 6: Operation Performance Breakdown
66 6 Operation Performance Breakdown Key Movements in Income (Million TRL) Net Profit Share Income (Quarterly, Million) 1.438 749 187 -131 581 6.884 470 4.809 335 351 259 Q4'20 Profit Share Fees & Trading Others Q4'21 Income Comm Income Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Net Fees and Commission Income (Q
Slide 7: Funded Credits Portfolio
7 7 Funded Credits Portfolio Total Funded Credits (including financial leasing, million) Yield on Performing Credits (%) 16,5% 15,0% Q4’20 Q3’21 Q4’21 QoQ YoY 13,6% 13,6% 14,2% 8,9% 8,9% 9,0% 9,6% TL Credits, TL 21.231 22.539 23.062 2,3% 8,6% 8,8% 5,2% 4,9% 4,7% FC Credits, $* 2.465 2.676 2.483 -7,2
Slide 8: Asset Quality
8 8 Asset Quality Gross Funded Credits by Groups (including financial leasing, million) NPL Ratio (%) 60.125 6,3% 6,29 48.054 48.867 5,65 42.416 45.150 9,6% 4,7% 5,7% 4,91 4,8% 4,9% 4,82 4,65 7,6% 6,4% 7,8% 8,3% 84,2% 1,88 1,95 1,79 2,05 1,87 87,3% 87,8% 88,0% 86,8% Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q4'
Slide 9: Asset Quality
9 9 Asset Quality NPL Formation Trend (Quarterly) NPL Sector Distribution (Q4’21) 886 473 459 11,6% 224 1.248 15,1% 7,0% 90 1.134 4,5% 21,2% 2,9% 743 686 8,2% 478 528 265 348 29,5% 233 175 115 159 114 75 100 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Construction & Real Estate Manufacturing Energy Trading Additi
Slide 10: Funding Profile
10 10 Funding Profile Composition of Total Liabilities (Q4’21,%) Composition of Funding Base (Million TRL) 3,4 59,9% 4,2 Funds Collected 100.616 8,6 Wholesale Funding 76.409 67.903 72.177 45% 62.924 Shareholders' 49% 50% Equity 45% 47% Others 46% 83,7 37% 35% 36% 38% 18% 18% 15% 13% 9% (Million TRL)
Slide 11: Funding Profile (Collected Funds)
11 Funding Profile (Collected Funds) Total Funds Collected (Million TRL) Currency Composition of Funds Collected (Q4’21,%) Q4’20 Q4’21 YoY 0,9 Funds Collected 51.613 91.237 76,8% TRL 46.282 99,8% 10,2 Current Accounts 23.159 22,1 USD Current Accounts TL 4.635 7.715 66,5% 18,0 EUR Current Accounts, F
Slide 12: Off Balance Sheet Growth
12 12 Off Balance Sheet Growth Off Balance Sheet Composition (%) LGs-to-Total Assets LG LC Others 27.737 13,3% 12,9% 12,9% 12,6% 20.659 20.509 20.711 21.321 44,6% 49,2% 49,6% 44,5% 47,0% 17,7% 11,4% 15,0% 15,7% 8,6% 12,6% 34,7% 37,7% 46,9% 40,4% 35,8% Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q4'20 Q1'21 Q2'21
Slide 13: Income- Cost Dynamics
13 14 13 Income- Cost Dynamics Yearly Notes (Million TRL) Q4’20 Q4’21 % Profit Share income increased by 40,1 % while Expenses on Profit Sharing Accounts jumped 77,2 % and Expenses on Funds Borrowed Net Profit Share Income 1.706 1.693 -0,7 more than doubled with 118,8 %. Upward cost of funding led t
Slide 14: Agenda
Agenda 1 Financial Highlights 2 Market Comparison 3 Appendix
Slide 15: Financial Ratios - Sector Comparison
15 15 Financial Ratios - Sector Comparison Percent (%) Q4’20 Q4’21 Participation Banking Participation Banking Albaraka Türk Albaraka Türk Banks Sector Banks Sector CAR 13,51 17,79 18,73 14,90 18,91 18,34 NPL Ratio 4,82 3,51 4,04 6,29 2,93 3,09 Provisioning Ratio (Stage 3) 61,02 82,91 74,94 70,26 87
Slide 16: Agenda
Agenda 1 Financial Highlights 2 Market Comparison 3 Appendix
Slide 17: Summary Balance Sheet
17 17 Summary Balance Sheet (Million TRL) Q4’20 Q4’21 Growth (%) Cash and Balances with Central Bank 13.235 26.499 100,2 Banks 3.413 5.296 55,2 Financial Assets 9.792 17.238 76,0 Funded Credits 40.583 56.937 40,3 Cash Credits 40.011 55.522 38,8 NPL 2.045 3.783 85,0 Provisions (Stage III) 1.248 2.658
Slide 18: Summary Income Statement
18 18 Summary Income Statement (Million TRL) Q4’20 Q4’21 Growth (%) Profit Share Income 3.585 5.023 40,1 Profit Share Expense 1.879 3.330 77,2 Net Profit Share Income 1.706 1.693 -0,7 Net Fees and Commissions Income 234 406 73,7 Fees and Commissions Received 395 582 47,4 Fees and Commissions Paid 16
Slide 19: Thank You
alBaraka'O THANK YOU
Slide 20: Contact Us / Disclaimer
Disclaimer THIS PRESENTATION AND THE INFORMATION CONTAINED HEREIN IS CONFIDENTIAL AND MAY NOT BE REPRODUCED, CIRCULATED, DISTRIBUTED OR PUBLISHED (IN WHOLE OR IN PART) OR DISCLOSED BY RECIPIENTS TO ANY OTHER PARTY. BY VIEWING THIS PRESENTATION, YOU AGREE TO BE BOUND BY THE FOREGOING LIMITATIONS. Thi
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